Angkor Announces Change to Board of Directors
04 4월 2013 - 7:08AM
ANGKOR GOLD CORP. (TSXV:ANK)
("ANGKOR" or
the "CORPORATION") is pleased to announce that Mr. Ken
Booth, B.Sc., M.B.A. has been appointed to the Corporation's Board
of Directors and as a member of the Corporation's audit and
compensation committee.
Mr. Booth has more than 30 years of experience in exploration,
mining corporate finance and public company administration. In
mining corporate finance, he has worked for two of Canada's largest
investment banks executing numerous equity financings for both
junior and senior companies and was involved in a variety of
significant mergers and acquisitions.
Ken has held several management positions while working for
resource companies. In these roles he was instrumental in raising
equity funding, negotiating property acquisitions and joint
ventures. Ken currently provides financial advice to the junior
mining sector through a private management company that he has been
associated with for the past 15 years. Ken is CEO and Director of
Invenio Resources since December 2010, interim President and
Director of Gitennes Exploration since April 2000, Director of El
Tigre Silver since September 2008, and Premium Exploration since
November 2011.
The addition of Mr. Booth to the board of directors of the
Corporation augments an already well-established group of directors
and officers. Mr. Booth's background is a great fit with Angkor's
new business platform, namely Project Generation and Royalty
Creation.
In connection with the new appointment, the Corporation further
reports that Mr. Guillermo Salazar has resigned as a director of
the Corporation. The Corporation expresses its most sincere thanks
to Mr. Salazar for his contributions to Angkor.
The appointment of Mr. Booth to the Corporation's board of
directors is subject to the final approval of the TSX Venture
Exchange.
ANGKOR GOLD CORP. is a public company listed on
the TSX-Venture Exchange. It is Cambodia's premier gold explorer
with a significantly large land package and a first-mover advantage
with excellent relationships at all levels of Government (local to
national).
Angkorhas 5 exploration licences in the Kingdom of Cambodia now
covering a total of 1102 km2, plus 3 pending licence applications.
The company has been actively exploring these concessions over the
past 3 years, and has now covered all tenements with stream
sediment geochemical sampling, has flown low level aeromagnetic
surveys over much of the ground, drilled 17,556 metres of NQ core
in 143 holes, of which 8,815m in 66 holes were drilled in the 2012
season; and has collected in excess of 20,000 'C' zone soil samples
in 8 centres of interest, over a combined area of 20km2, in
addition to numerous trenches and detailed geological field
mapping. Exploration on all tenements is ongoing.
THIS PRESS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT
FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES, AND DOES NOT CONSTITUTE AN OFFER TO SELL OR A
SOLICITATION OF AN OFFER TO SELL ANY OF THE SECURITIES DESCRIBED
HEREIN IN THE UNITED STATES. THESE SECURITIES HAVE NOT BEEN, AND
WILL NOT BE, REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF
1933, AS AMENDED, OR ANY STATE SECURITIES LAWS, AND MAY NOT BE
OFFERED OR SOLD IN THE UNITED STATES OR TO U.S. PERSONS UNLESS
REGISTERED OR EXEMPT THEREFROM
Reader Advisory
Except for statements of historical fact, this news release
contains certain "forward-looking information" within the meaning
of applicable securities law. Forward-looking information is
frequently characterized by words such as "plan", "expect",
"project", "intend", "believe", "anticipate", "estimate" and other
similar words, or statements that certain events or conditions
"may" or "will" occur. In particular, forward-looking information
in this press release includes, but is not limited to, statements
with respect to the timing and completion of the Corporation's
financings and related information. Although we believe that the
expectations reflected in the forward-looking information are
reasonable, there can be no assurance that such expectations will
prove to be correct. We cannot guarantee future results,
performance or achievements. Consequently, there is no
representation that the actual results achieved will be the same,
in whole or in part, as those set out in the forward-looking
information.
Forward-looking information is based on the opinions and
estimates of management at the date the statements are made and are
founded on the basis of expectations and assumptions made by the
Corporation. Such forward-looking information is subject to a
variety of risks and uncertainties and other factors that could
cause actual events or results to differ materially from those
anticipated in the forward-looking information. Some of the risks
and other factors that could cause the results to differ materially
from those expressed in the forward-looking information include,
but are not limited to: general economic conditions in Canada,
Cambodia, the United States and globally; industry conditions,
including fluctuations in the prices of gold and other base metals;
governmental regulation of the mining industry in both Canada and
Cambodia, including environmental regulation; unanticipated
operating events or performance which can reduce production or
cause production to be delayed; failure to obtain industry partner
and other third party consents and approvals, if and when required;
competition for and/or inability to retain mining equipment and
other services; the availability of capital on acceptable terms;
the need to obtain required approvals from regulatory authorities;
stock market volatility; liabilities inherent in mining operations;
competition for, among other things, capital, undeveloped lands,
skilled personnel and supplies; incorrect assessments of the value
of acquisitions; geological, technical, drilling, processing and
transportation problems; changes in tax laws and incentive programs
relating to the mining industry; failure to realize the anticipated
benefits of acquisitions and dispositions; and other factors.
Readers are cautioned that this list of risk factors should not be
construed as exhaustive.
The forward-looking information contained in this news release
is expressly qualified by this cautionary statement. We undertake
no duty to update any of the forward-looking information to conform
such information to actual results or to changes in our
expectations except as otherwise required by applicable securities
legislation. Readers are cautioned not to place undue reliance on
forward-looking information.
Neither the TSX Venture nor its regulation services provider (as
that term is defined in the policies of the TSX Venture) accepts
responsibility for the adequacy or accuracy of this press
release.
CONTACT: FOR FURTHER INFORMATION PLEASE CONTACT:
ANGKOR GOLD CORP.
Mike Weeks, President
Telephone: (780) 568-3801
Email: mw@angkorgold.ca
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